are revocable on not more than 180 days notice; provide utility services exclusively to the University, regardless of revocability; or comprise not more than 5,000 square ft. of University land.
Authority to approve and execute licenses of real property, including facilities use agreements; not to exceed 5 years when UC is licensee and 10 years including options when UC is licensor; annual consideration does not exceed $350,000.
Maximum lease duration of 5 years excluding options when UC is tenant and 5 years (10 years with options) when UC is landlord; annual consideration not to exceed $350,000